CS reviews progress on Investors Summit MoUs

Chief secretary Utpal Kumar Singh chaired a meeting to review action taken on the memoranda of understanding signed during the investor summit held in October last year.

He directed the Industry Department’s monitoring and follow-up cell to consistently contact the investors and solve their problems. It was stated in the meeting that following the investors summit, so far 602 investors had signed MoUs amounting to Rs 1,24,000 crore. Singh held project-wise detailed discussions regarding the implementation of MoUs worth Rs 9,530 crore signed during the investors summit. Regarding the proposals for meeting the investment target of Rs 10,000 crore in the next three months, he held discussions with the departmental nodal officers for work on these proposals in a timely manner.

Information Technology secretary RK Sudhanshu gave detailed information on the progress of the proposals received pertaining to AYUSH and IT. He said that work on two projects in IT is under progress and six proposals are to be filled in the CAF soon. He informed that in AYUSH, proposals worth Rs 211.5 crore have come, with work on one of them underway while work on seven proposals will be executed in three months and one proposal will get started in six months.

Additional Secretary/Director of Solar Power, Alok Shekhar Tiwari said that the tender for the allocation of three small hydro projects in Pithoragarh district will be invited by the coming week. He said that the construction cost of these three projects of 40 MW is approximately Rs 400 crore. He said that through the local residents in the mountain areas, for the establishment of solar energy projects of 200 MW capacity, tender process is in progress and Rs 800 crore investment is expected. Director of Industries Sudhir Chandra Nautiyal said that implementation of investment proposals worth Rs 4000 crore in manufacturing has started. Industries principal secretary Manisha Panwar and departmental officials were also present in the meeting. Read more posts…